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KPIT Technologies Ltd — Interim / Quarterly Report 2025
Oct 23, 2024
59234_rns_2024-10-23_67d9b689-8483-499d-a497-b2c402c214a2.pdf
Interim / Quarterly Report
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October 23, 2024
BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001.
National Stock Exchange of India Ltd., Exchange Plaza, C/1, G Block, Bandra - Kurla Complex, Bandra (E), Mumbai – 400051.
Scrip ID: KPITTECH Scrip Code: 542651 Kind Attn: The Manager, Department of Corporate Services
Symbol: KPITTECH Series: EQ
Kind Attn: The Manager, Listing Department
Dear Sir / Madam,
Subject:- Investor Update – Q2 FY 2025.
Please find enclosed the investor Update – Q2 FY 2025. Kindly take the same on your records. Thanking you. Yours faithfully, For KPIT Technologies Limited
DESHPANDE Digitally signed by DESHPANDE NIDA YUNUS NIDA YUNUS Date: 2024.10.23 12:56:57 +05'30'
Nida Deshpande Company Secretary & Compliance Officer
Encl.: - as above
KPIT Technologies Limited O +91 20 6770 6000 Registered & Corporate Office: Plot No. 17, Rajiv Gandhi Infotech Park, MIDC-SEZ, Phase-III, E ~~Maan, Taluka-M~~ [email protected] ulshi, Hinjawadi, Pune-411057, India. W kpit.com CIN: L74999PN2018PLC174192
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October 23, 2024
Forward Looking Statements
Some of the statements in this update that are not historical facts, are forward-looking statements. These forward-looking statements include our financial and growth projections, as well as statements concerning our plans, strategies, intentions and beliefs concerning our business and the markets in which we operate. These statements are based on information currently available to us, and we assume no obligation to update these statements as circumstances change. There are risks and uncertainties that could cause actual events to differ materially from these forward-looking statements. These risks include, but are not limited to, the level of market demand for our services, the competitive market for the type of services and solutions that we offer, market conditions that could cause our clients to reduce their spending for our services, our ability to create, acquire and build new businesses and to grow our existing businesses, our ability to attract and retain qualified personnel, currency fluctuations and market conditions in India and elsewhere around the world, and other risks not specifically mentioned herein but those that are common to industry. In certain cases, the numbers reported in this update might be rounded off to the nearest whole number.
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Performance Overview
Q2FY25
Reimagining Mobility with YOU
Performance Overview
1 M Reported $ Revenue growth of 19.3% Y-o-Y 1 Revenue Growth led by Middleware and Powertrain
Q2FY25 CC Revenue grows 20.1% Y-o-Y
Q2FY25 Profit (PAT) grows 23.9%* Y-o-Y
Q2FY25 Net Profit at ₹ 2,037 M 2 Net Profit 44.7% (incl one-time gain) growth in profit Y-o-Y Q2FY25 EBITDA at 20.8% 3 EBITDA Y-o-Y EBITDA growth of 27.7% Wins and $ 207M worth engagements closed in the quarter 4 Pipeline Healthy Pipeline level across practices
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*Excluding one-time gain in Q2FY25
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Performance Highlights
| Net Profit Working (₹ million) | Q2FY25 | Q2FY24 | Q1FY25 | Growth (Y-o-Y) | Growth (Q-o-Q) |
|---|---|---|---|---|---|
| Reported Profit | 2,037 | 1,409 | 2,042 | 44.7% | (0.2)% |
| One-time Income | 450 | - | 396 | - | - |
| Tax on above item | 157 | - | 69 | - | - |
| Profit excludingone-time impact | 1,744 | 1,409 | 1,715 | 23.9% | 1.7% |
- 01[Q-o-Q][CC][growth][of][4.7%][and][reported][$][growth][of][5.0%.] Growth led by Asia and Passenger Cars.
02 EBITDA margins stood at 20.8% despite full quarter impact of wage hikes and one-month additional ESOP cost, mainly due to productivity improvement and fixed cost leverage.
- 03[Other][income][was][lower][as][compared][to][last][quarter][due] to conversion losses on Euro and Yen denominated assets and liabilities. ETR was in-line with our annual outlook.
Net Cash Balance at the end of the quarter stood at ₹ 9.68 04 billion, post M&A related payouts and dividend payout. DSO at the end of the quarter stood at 45 Days.
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Additional facts - timeseries
Revenue $ Million
71[73][77][77][77] 70[74][77][80][84][87][90][94] 65 65
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[149 159][ 165][ 173]
124 [134145]
110
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Consistent Performance
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17 Consecutive Quarters of Steady Revenue Growth
EBITDA ₹ Billion
[3.1]
[2.9]
[2.6 2.7]
[2.4]
[2.2] 1.7[1.9] 0.6[0.7][0.7][0.7][0.8] 0.7[0.7][0.8][0.9][1.0][1.0][1.2][1.2][1.3][1.4]
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17 Consecutive Quarters of Steady EBITDA Growth
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10/23/2024
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Management Quotes
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Kishor Patil, Co-founder, CEO and MD, KPIT said,” We are happy to have delivered yet another quarter of well-balanced growth. The Mobility Industry, specifically the Automotive sub vertical, has been under pressure to keep up with the changing regulations, reduce cost of vehicles and meet demands of the ever-changing consumer preferences in recent times. We continue to prioritize investments in technology and markets ahead of demand to help our T25 clients stay on the cutting edge of technology and competitiveness, basis which, we reiterate our revenue growth and profitability outlook for the full year. We have taken an enabling board resolution for fund-raising in view of some of the strategic opportunities that are on the horizon. The actual fund raise will happen only when some of these potential prospects are in advanced stages of discussion.”
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Sachin Tikekar, Co-founder and Joint MD, KPIT said, ” In anticipation of changes in the Mobility Industry, we have doubled down our efforts to help our T25 clients reduce the cost of their vehicles and cut the time to market in the areas of software and system integration. Our investments in Trucks and Off-Highway sub-verticals are on track to market for us in the mid-term. The efforts on expand opportunities broad-basing growth within our T25 clients are showing promising results. Overall, we have had robust wins during the quarter. Our attrition remains at the lowest level for us, while we commit to further investments in competency and leadership development. We are reaching all milestones the set towards in line with our Vision of concerning goals up Sustainability, making Mobility cleaner, safer and smarter.”
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10/23/2024
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Cash Flow – Major Movement
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₹ M
Decrease in Working
–
Capital 265
–
Technica Payout 1,321
N-Dream Payout - 215
Dividend – 1,248
–
Capex 857
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Cash and Cash Equivalents break-up ₹ M In Investment Accounts (in India) 2,449 In Investment Accounts (outside India) 2,912 In Operating Accounts 4,724 TOTAL 10,085
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NET CASH (₹ M) Q2FY25 Q1FY25
Gross Cash 10,085 10,460
Long Term Debt NIL NIL
Short Term Debt 401 447
NET CASH 9,684 10,013
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DSO Q2FY25 end : 45 Days
* Debt in the books of Technica
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New Engagements
Strong Wins - TCV of new engagements won during Q2FY25 : $ 207 million
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A Leading European Car Manufacturer selected KPIT for multiple strategic engagements in the autonomous, middleware and diagnostics domains.
Strategic engagements in the electric powertrain and connected domains for a leading American Car Manufacturer.
Crucial engagements in the body electronics connected and electric powertrain domains with a leading European Car Manufacturer.
Strategic engagements in the connected, middleware and powertrain domains with a leading American Commercial Vehicle OEM.
in for a Key Engagements autonomous and powertrain domains leading Asian Car Manufacturer.
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FY25 Outlook
Practice & Technology
Additional Technology Investments in related areas. Cross – practice offerings, AI adoption, stronger Asia focus, strategic partnerships & collaborations
Delivery and Operations
CC Revenue growth in the 18% to 22% range
EBITDA Margin of 20.5%+
Robust competency framework and relentless execution. Leverage Global Delivery. Building scale via automation and productivity
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People
Create competence at scale. Focus on Leadership development and AI enablement. New ESOP scheme launched.
Strategic Clients
Deepen Strategic Relationships by building proactive solutions to enhance value delivered to clients. Broad base growth
Profitability
Improve Realization with productivity improvement. Enhance people pyramid, optimization of cost through global delivery model
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Other Updates
Q2FY25
Reimagining Mobility with YOU
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DISCUSSING THE FUTURE OF AUTOMOTIVE WITH BLOOMBERG
In a recent interview with Bloomberg Markets Asia, Kishor Patil discussed the shifting global automotive landscape. He emphasized how European OEMs are focusing on catching up in software-defined vehicles and improving the consumer experience, while Chinese OEMs prioritize cost reduction and global expansion. Patil highlighted how these trends are shaping India's automotive industry, driving advancements in technology adoption, electrification, and cost efficiency.
WATCH HERE
DISCUSSING GROWTH THROUGH TECHNOLOGY AND INNOVATION WITH TECHCIRCLE
In an interview with TechCircle, Mr. Anup Sable, CTO shared insights on key industry trends, including the shift to electric vehicles, software-defined vehicles (SDVs), and advanced digital interfaces, noting that KPIT’s early investments positioned it as a leader in these areas. Discussed quantum technology's future applications and KPIT’s strategic approach to growth through acquisitions, partnerships, and investments.
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DRIVING INNOVATION AT THE COMMERCIAL VEHICLE CONGRESS 2024, USA
KPIT Technologies made a significant impact at the 2024 Commercial Vehicle Congress (COMVEC) in the USA. Our experts shared insights on Software Defined Machines (SDM), AI-driven Powertrain design, Connected Vehicle technology, and Enhancing User Experience. We also launched the "Women in Mobility" initiative, promoting diversity and leadership in collaboration with industry leaders like Cummins, Navistar, and Torc Robotics.
READ MORE
READ MORE
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LEVERAGING AI AND ER&D TO LEAD THE MOBILITY REVOLUTION
In a recent conversation with CXO News and APAC News Network, Mr. Kishor Patil highlighted KPIT's remarkable journey from IT services to becoming a global leader in automotive engineering and mobility software. Patil discussed KPIT’s role in driving the future of mobility through AI, autonomous driving, and green technology, with a focus on transforming vehicle architectures from chip to cloud. With key strategic partnerships and groundbreaking technologies like sodium-ion batteries, KPIT continues to play a pivotal role in advancing India's leadership in sustainable mobility and electrification.
KNOW MORE
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KPIT AND MICROSOFT REVOLUTIONIZE AUTOMOTIVE REPAIR WITH AI-POWERED COPILOT
KPIT has joined forces with Microsoft to introduce an innovative AIdriven automotive repair and maintenance solution, Trace2Fix. As highlighted in Microsoft's recent mobility blog, this cutting-edge copilot addresses key industry challenges such as prolonged repair times, low first-time fix rates, and customer dissatisfaction. By leveraging AI to streamline diagnostics and repairs, Trace2Fix enhances technician efficiency, leading to faster, more accurate vehicle issue resolution. This collaboration underscores KPIT’s commitment to driving the future of mobility through advanced technological solutions.
READ MORE
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NAVIGATING THE FUTURE OF TECHNOLOGY AT THE REGIONAL INDUSTRY SUMMIT 2024
At the Regional Industry Summit 2024 hosted by Indo-German Chamber of Commerce, Indo-French Chamber of Commerce & Industry (IFCCI), and Data Security Council of India, Mr. Anup Sable, CTO and Executive Board Member of KPIT, shared valuable insights on the future of AI, Quantum computing, and India's expanding influence in the global tech ecosystem. He explored how AI is revolutionizing industries through rapid innovation and hyper-personalized experiences, while Quantum computing offers unique problem-solving capabilities. He also highlighted India’s leadership in digitization, electronics development, and pioneering research in materials science and hydrogen technology, positioning the country at the forefront of future tech advancements.
READ MORE
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CONVERSATION WITH DR. MARTIN GREEN ON SOLAR ENERGY INNOVATION
In the latest episode of KPIT STEM Dialogues, Dr. Martin Green, a pioneering figure in solar technology, shared his insights on the challenges he overcame and his groundbreaking contributions to the field. As the mind behind the technology that powers 90% of the world's solar panels, Dr. Green's journey exemplifies innovation and dedication to sustainable energy solutions. This episode highlights the significant impact of his work on the future of renewable energy.
WATCH THE VIDEO
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MARCONI AWARD WINNER DR. HARI BALAKRISHNAN SHARES HIS WISDOM ON |WIRELESS INNOVATION
In a recent episode of KPIT STEM Dialogues, we had the pleasure of hosting Dr. Hari Balakrishnan, a renowned computer scientist and Marconi Award recipient. He shared insights into his inspiring journey, from his early fascination with mathematics and physics to his pioneering contributions in wireless networks and internet traffic management. Dr. Balakrishnan's expertise sheds light on the profound impact of technology on society and the importance of curiosity and collaboration in driving innovation.
WATCH THE VIDEO
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KPIT AND SIIT: SHAPING THE FUTURE OF AUTOMOTIVE EDUCATION IN THAILAND
KPIT has partnered with Sirindhorn International Institute of Technology (SIIT) to elevate automotive education in Thailand. This collaboration includes expert-led sessions and internships designed to equip SIIT students with cutting-edge knowledge and practical experience in the rapidly evolving automotive industry. By nurturing young talent and expanding its global reach, KPIT strengthens its leadership in automotive innovation while empowering the next generation of engineers to excel in a dynamic field.
KNOW MORE
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CELEBRATING CONTINUOUS LEARNING WITH KPIT ACADEMY
July was a significant month at KPIT as we celebrated our dedicated KPITians who completed various certification programs. The KPIT Academy Ceremony recognized their commitment to continuous learning, which drives our culture of innovation. With esteemed leaders in attendance, this event highlighted how our team's efforts are setting new benchmarks and propelling KPIT toward collective success.
~~READ MORE~~
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HONORED WITH THE CFO OF THE YEAR AWARD
Ms. Priya Hardikar, our Chief Financial Officer, received the esteemed CFO of the Year Award in the Medium Enterprises Segment (Services category) from Financial Express. Presented by Hon’ble Union Minister Mr. Ashwini Vaishnaw in Mumbai, this recognition underscores the remarkable progress KPIT has made in the Automotive and Mobility sector over the past five years. With a steadfast commitment to innovation, strategic investments, and our Best Place to Grow program, we have achieved 16 consecutive quarters of growth, nearly doubling profitability.
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RECOGNIZED AS EXCELLENT PARTNER BY PANASONIC ITS
KPIT was honored with the Excellent Partner Award for 2023-24 by Panasonic ITS, celebrating our eight-year collaboration in the infotainment, telematics, and charging sectors. This esteemed recognition reflected our shared commitment to innovation and excellence as we worked together to advance key production programs for OEMs worldwide. This accolade not only acknowledged our significant achievements but also inspired us to continue transforming the future of mobility alongside Panasonic ITS.
KNOW MORE
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BEST SUPPLIER AWARD IN CSR FROM CUMMINS
KPIT was honored with the Best Supplier Award in Corporate Social Responsibility (CSR) at the Cummins India Suppliers Conference 2024. This prestigious accolade celebrated over two decades of partnership with Cummins, highlighting a mutual commitment to creating a positive social impact. Through initiatives such as the “Chhote Scientist” program, e-waste recycling, tree plantation, and river cleaning, KPIT demonstrated exceptional dedication to driving meaningful change in communities. The partnership continues to advance the shared vision of a cleaner, smarter, and safer world.
READ MORE
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KPIT WINS BRONZE AT
ET SHARK AWARDS FOR
EMPLOYER BRANDING
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KPIT's social media campaign, "Best Place to Grow," received the Bronze Award at The Economic Times ET Brand Equity Shark Awards for 'Strengthening Employer Brand to Win War for Talent' in the B2B Campaign category. This recognition highlighted the power of genuine storytelling and the vibrant community cultivated within KPIT.
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KPITIANS IN THAILAND CELEBRATE SUSTAINABILITY MONTH BY PLANTING 300 MANGROVE TREES
In a commendable initiative to mark Sustainability Month, 64 KPITians in Thailand collaborated to plant 300 mangrove trees. This effort not only contributes significantly to carbon sequestration—approximately 73.8 metric tons of CO2 over 20 years—but also enhances water quality and provides valuable ecosystem services. This action reflects KPIT's commitment to fostering a greener and healthier future for communities and the environment
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KPIT MICHIGAN AND INTERNS UNITE FOR RIVERSIDE CLEANUP DRIVE
The KPIT team in Michigan, along with 2024 interns, participated in a rewarding riverside cleanup drive in collaboration with the Clinton River Watershed Council. Divided into five groups, the teams dedicated two hours to collecting litter and restoring the park's natural beauty. This initiative underscores KPIT's commitment to environmental stewardship and community engagement, as team members embraced nature and made a positive impact in their local area.
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Financial & Data Operational
Snapshot Reimagining Mobility with YOU
INR MN
Profit & Loss Account Snapshot
| rofit & Loss Account Snapshot | |
|---|---|
| DETAILS Q2FY25 Q1FY25 Q2FY24 |
|
| Revenue from Operations 14,714.13 13,646.30 11,991.57 |
|
| Other Income 514.77 543.07 85.94 |
|
| Total Income 15,228.89 14,189.37 12,077.51 |
|
| OperatingExpenses 11,696.59 10,764.70 9,592.23 |
|
| EBITDA 3,064.11 2,881.60 2,399.34 |
|
| Depreciation 560.83 525.14 480.93 |
|
| EBIT 2,503.28 2,356.46 1,918.41 |
|
| Finance Costs 101.63 127.31 135.70 |
|
| Change in FMV of Investments 4.22 1.37 8.72 |
|
| Profit Before Exceptional Items 2,874.07 2,773.59 1,877.37 |
|
| Profit/(loss) from equity accounted investee (42.94) (6.62) - |
|
| PBT 2,831.13 2,766.97 1,877.37 |
|
| Tax 793.68 725.37 463.36 |
|
| PAT 2,037.45 2,041.60 1,414.01 |
|
| Profit Attributable to owners of Company 2,037.45 2,041.60 1,408.54 |
|
| Profit Attributable to non-controlling interest - - 5.47 |
This includes forex loss ofINR 46.57 million which is excluded in EBITDA computation
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INR MN
Balance Sheet Snapshot
| Balance Sheet | Snaps | hot | INR MN | ||
|---|---|---|---|---|---|
| ASSETS | Q2FY25 | Q1FY25 2,354.23 3,173.80 3.48 13,659.10 2,815.08 22,005.69 973.29 10,460.05 6,753.69 3,908.58 22,095.61 44,101.30 |
EQUITY & LIABILITIES | Q2FY25 | Q1FY25 |
| Equity Share Capital | 2,714.92 | 2,713.54 | |||
| NON-CURRENT ASSETS | |||||
| Other Equity | 22,288.78 | 21,008.53 | |||
| Property, Plant & Equipment | 2,401.93 | 2,354.23 | |||
| Equity attributable to owners | 25,003.70 | 23,722.07 | |||
| Right-of-use Assets | 3,245.22 | 3,173.80 | |||
| Non-controllinginterests | - | - | |||
| Other Tangible Assets | 19.68 | 3.48 | |||
| TOTAL EQUITY | 25,003.70 | 23,722.07 | |||
| Goodwill & Other Intangibles | 14,300.85 | 13,659.10 | NON-CURRENT LIABILITIES | ||
| Borrowings | NIL | NIL | |||
| Other Non-Current Assets | 3,240.64 | 2,815.08 | |||
| Lease Liabilities | 2,373.58 | 2,305.87 | |||
| TOTAL NON-CURRENT | 23,208.32 | 22,005.69 | |||
| Other Non-Current Liabilities | 1,259.70 | 1,187.73 | |||
| CURRENT ASSETS |
|||||
| TOTAL NON-CURRENT | 3,633.28 | 3,493.60 | |||
| Inventories | 985.09 | 973.29 | CURRENT LIABILITIES |
||
| Cash and Bank | 10,084.52 | 10,460.05 | Borrowings | 400.80 | 446.94 |
| Trade Receivables | 6,530.23 | 6,753.69 | Trade Payables | 2,910.19 | 3,066.13 |
| LeaseLiabilities | 716.63 | 683.67 | |||
| Other Current Assets | 5,047.47 | 3,908.58 | |||
| Others | 13,191.03 | 12,688.89 | |||
| TOTAL CURRENT | 22,647.31 | 22,095.61 | |||
| TOTAL CURRENT | 17,218.65 | 16,885.63 | |||
| TOTAL ASSETS | 45,855.63 | 44,101.30 | |||
| TOTAL EQUITY AND LIABILITIES | 45,855.63 | 44,101.30 |
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10/23/2024 20
USD MN
Revenue Break-up
| Verticals* | Q2FY25 | Q1FY25 | Q2FY24 | Q-o-Q | Y-o-Y |
|---|---|---|---|---|---|
| Passenger Cars | 139.08 | 132.02 | 110.07 | 5.3% | 26.4% |
| Commercial Vehicles | 28.65 | 27.86 | 29.06 | 2.8% | (1.4)% |
- The balance revenues comefromothers,whichis not a big areaas of now
| Business Units# | Q2FY25 | Q1FY25 | Q2FY24 | Q-o-Q | Y-o-Y |
|---|---|---|---|---|---|
| Feature Development & Integration | 103.35 | 100.59 | 89.72 | 2.7% | 15.2% |
| Architecture & Middleware Consulting | 40.60 | 33.78 | 29.40 | 20.2% | 38.1% |
| Cloud Based Connected Services | 29.23 | 30.50 | 26.08 | (4.2)% | 12.1% |
-
FeatureDevelopment& Integration- Electrification, AD-ADAS, Body Electronicsand VED Architecture & Middleware Consulting– Middleware,AUTOSAR
CloudBasedConnectedServices– IntelligentCockpit, Digital Connected SolutionsandDiagnostics
| Geography | Q2FY25 | Q1FY25 | Q2FY24 | Q-o-Q | Y-o-Y |
|---|---|---|---|---|---|
| US | 47.59 | 46.47 | 44.15 | 2.4% | 7.8% |
| Europe | 84.46 | 84.97 | 76.37 | (0.6)% | 10.6% |
| Asia | 41.13 | 33.42 | 24.69 | 23.1% | 66.6% |
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P&L Metrics
| &L Metrics | |||||
|---|---|---|---|---|---|
| Q2FY25 Q1FY25 Q2FY24 Q-o-Q Y-o-Y Revenue by Contract Type Time & Material Basis 43.3% 46.5% 48.6% (2.2)% 6.3% Fixed Price Basis 56.7% 53.5% 51.4% 11.3% 31.6% Clients Strategic ClientRevenue 85.5% 86.5% 84.0% 3.8% 21.4% Active Clients (Period End) 60 60 60 Revenue per Devp. Employee USD 56,558 R&D Expenditure (USD MN) 2.70 3.29 3.31 EBITDA Margin 20.8% 21.1% 20.0% EBIT Margin 17.0% 17.3% 16.0% PAT Margin 13.8% 15.0% 11.7% Effective Tax Rate 28.0% 26.2% 24.7% EPS (Basic) 7.51 7.53 5.20 EPS (Diluted) 7.45 7.47 5.16 53,018 51,773 |
Q2FY25 | Q1FY25 | Q2FY24 | Q-o-Q | Y-o-Y |
| 43.3% | 46.5% | 48.6% | (2.2)% | 6.3% | |
| 56.7% | 53.5% | 51.4% | 11.3% | 31.6% | |
| 85.5% | 86.5% | 84.0% | 3.8% | 21.4% | |
| 60 | 60 | 60 | |||
| R&D Expenditure (USD MN) | |||||
| EBITDA Margin | |||||
| EBIT Margin | |||||
| PAT Margin | |||||
| Effective Tax Rate | |||||
| EPS (Basic) | |||||
| EPS (Diluted) |
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Currency wise revenues, Hedging Details
| Currency wise revenue USD |
Q2FY25 | Q1FY25 | Q2FY24 |
|---|---|---|---|
| 27.8% | 28.7% | 31.1% | |
| EUR | 41.8% | 45.5% | 44.8% |
| GBP | 6.2% | 5.2% | 7.1% |
| JPY | 18.7% | 15.7% | 11.4% |
| INR | 3.6% | 3.0% | 3.8% |
| Others | 1.9% | 1.8% | 1.9% |
| O/s Hedge Details | Q2FY25 |
|---|---|
| Hedge Rates | |
| USD/INR | 84.65 |
| EUR/INR | 93.50 |
| GBP/INR | 108.70 |
| JPY/INR | 0.58 |
| Hedge Amounts(Mn) | |
| USD/INR | 65.35 |
| EUR/INR | 50.20 |
| GBP/INR | 14.55 |
| JPY/INR | 6,488.00 |
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Headcount Data
| Period End Headcount | Q2FY25 | Q1FY25 | Q2FY24 | Q-o-Q | Y-o-Y |
|---|---|---|---|---|---|
| Development | 12,248 | 12,186* | 11,219 | - | - |
| Enabling & Sales | 839 | 815 | 752 | - | - |
| Total | 13,087 | 13,001* | 11,971 | - | - |
*252 resources were transferred from KPIT to Qorix during the quarter. The Q1FY25 number of employees is reduced by an equivalent number to make both the quarters comparable.
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Contact Us
Reimagining Mobility with YOU
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Conference Call Details
Conference name : KPIT Technologies Q2 FY2025 Post Earnings Conference Call Date : Wednesday October 23, 2024 Time : 1730 Hrs. Participants : Mr. Kishor Patil, Co-founder, CEO & MD Mr. Sachin Tikekar, President, Joint MD Mr. Anup Sable, CTO Mrs. Priyamvada Hardikar, CFO Mr. Chinmay Pandit, Whole-time Director & Head Americas Mr. Sunil Phansalkar, VP CF&G , Head-IR
Dial-in Numbers for all participants
: +91 22 6280 1116 Primary number : +91 22 7115 8017 Local Access
International Numbers[:][USA - 1 866][746][2133][|][UK][-][0][808][101][1573] Click here for your Diamond Pass Singapore - 800 101 2045 Hongkong - 800 964 448
About KPIT Technologies
KPIT (BSE: 542651; NSE: KPITTECH), KPIT is a global technology company with software solutions that will help mobility leapfrog towards autonomous, clean, smart and connected future. With 11,000+ Automobelievers across the globe, specializing in embedded software, AI & Digital solutions, KPIT enables clients accelerate implementation of next generation mobility technologies. With development centers in Europe, USA, Japan, China, – Thailand and India KPIT works with leaders in mobility and is present where the ecosystem is transforming.
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For more information, visit http://www.kpit.com
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Contact
For Investor Queries
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Desk Phone
- 91 20 6770 6997
Cell + 91 98509 66011
Website www.kpit.com
Sunil Phansalkar
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Contact
For Media Queries
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Email [email protected]
Desk Phone + 91 80 6606 6000 (7865)
Cell + 91 99001 50180
Website www.kpit.com
Sunil B R
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THANK YOU !!
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KPIT Technologies Ltd.
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